by Dan Mitchell | Jun 27, 2016 | Big Government, Blogs, Economics, Europe
The United Kingdom is getting a lot of attention because voters just chose to leave the European Union. I think this was the smart choice. Yes, there will be some short-run economic volatility, but the long-run benefits should make it worthwhile. Sort of like...
by Dan Mitchell | Jun 26, 2016 | Big Government, Blogs, Welfare and Entitlements
The Social Security Administration has released the 2016 Trustees Report, which shines a spotlight on the overall fiscal condition of the program. In previous years (2012, 2013, 2014), I’ve used this opportunity to play Paul Revere. But instead of warning that the...
by Dan Mitchell | Jun 25, 2016 | Big Government, Blogs, Economics, Taxation
I’ve been advocating for good tax reform for more than two decades, specifically agitating for a simple and fair flat tax. I get excited when politicians make bold proposals, such as many of the plans GOP presidential candidates proposed over the past year or so. But...
by Dan Mitchell | Jun 24, 2016 | Blogs, Economics, Europe
What an amazing vote. The people of the United Kingdom defied the supposed experts, rejected a fear-based campaign by advocates of the status quo, and declared their independence from the European Union. Here are some takeaway thoughts on this startling development....
by Dan Mitchell | Jun 23, 2016 | Big Government, Blogs
It sounds arcane and pedantic, but the United States has a democratic system of government but is not (or at least was not) designed to be a democracy. A democracy implies that 51 percent of the people have the power to elect agovernment with unlimited powers to...